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Maryland Ranks No. 1 For Millionaires Per Capita

BALTIMORE (WJZ)– Maryland ranks No. 1 for the number of millionaires per capita for the sixth year in a row, according to the Wealth and Affluent Monitor, published annually by the Phoenix Marketing International research firm.

Nationwide, the total number of millionaires increased by 6 percent to 7.2 million households. The number of multimillionaires — those with $5 million or more — grew even more last year, increasing by 8 percent to more than 1.1 million people.